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Norges Bank

Norges Bank Portfolio holdings

AUM $935B
 

Norges Bank, established in 1816 and headquartered in Oslo, Norway, serves as the central bank of Norway, responsible for monetary policy, issuing the Norwegian krone, and maintaining financial stability. Beyond its traditional central banking role, it oversees the management of the Government Pension Fund Global (often called the Norwegian Oil Fund), one of the world’s largest sovereign wealth funds, valued at over $1 trillion, which invests Norway’s oil and gas revenues in global equities, bonds, and real estate. The fund’s investment arm, Norges Bank Investment Management (NBIM), operates independently to ensure long-term wealth preservation for future generations, emphasizing sustainable and ethical investing practices. With its dual role, Norges Bank uniquely blends central banking duties with stewardship of a massive global investment portfolio.

This Fund
S&P 500
This Quarter Est. Return
+3.11%
1 Year Est. Return
3 Year Est. Return
5 Year Est. Return
10 Year Est. Return
AUM
$252B
AUM Growth
+$8.22B
Cap. Flow
+$2.68B
Cap. Flow %
1.06%
Top 10 Hldgs %
14.79%
Holding
2,216
New
77
Increased
1,043
Reduced
752
Closed
90

Sector Composition

Rank Sector Weight
1 Financials 18.76%
2 Technology 15.09%
3 Healthcare 13.88%
4 Consumer Discretionary 9.67%
5 Industrials 9.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
XXIA
2201
DELISTED
Ixia
XXIA
-1,215,570
Closed -$23.9M
NMBL
2202
DELISTED
Nimble Storage, Inc.
NMBL
-60,333
Closed -$754K
BEAV
2203
DELISTED
B/E Aerospace Inc
BEAV
-1,083,210
Closed -$69.4M
JOY
2204
DELISTED
Joy Global Inc
JOY
-54,163
Closed -$1.53M
CEB
2205
DELISTED
CEB Inc.
CEB
-303,833
Closed -$23.9M
CSC
2206
DELISTED
Computer Sciences
CSC
-1,335,354
Closed -$92.2M
DB.RT
2207
DELISTED
Deutsche Bank Aktiengesellschaft
DB.RT
-24,533,484
Closed -$58.8M
IOC
2208
DELISTED
Interoil Corporation
IOC
-1
Closed
FMSA
2209
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
-392,868
Closed -$2.88M
KEG
2210
DELISTED
Key Energy Services, Inc. Common Stock
KEG
-9,382
Closed -$218K
REN
2211
DELISTED
Resolute Energy Corporaton
REN
-81,505
Closed -$3.29M
BBOX
2212
DELISTED
Black Box Corp
BBOX
-199,630
Closed -$1.79M
REXX
2213
DELISTED
Rex Energy Corporation
REXX
-64,570
Closed -$303K
WNR
2214
DELISTED
Western Refining Inc
WNR
-797,736
Closed -$28M
AIRM
2215
DELISTED
Air Methods Corp
AIRM
-253,501
Closed -$10.9M
WWAV
2216
DELISTED
The WhiteWave Foods Company
WWAV
-1,088,530
Closed -$61.1M

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Norges Bank's Q2 2017 Portfolio in Review

As of Q2 2017, Norges Bank held 2,216 positions worth $252B, up 3.4% from $244B the previous quarter. Its ten largest holdings account for 15% of the portfolio.

Norges Bank's Q2 2017 filing shows 77 new, 1,043 increased, 752 reduced and 90 closed positions. Its largest new stake was Altaba Inc: 5,288,554 shares worth $288M. The largest sale was Blackrock, an estimated $1.25B.

By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 19% a quarter earlier, followed by Technology and Healthcare.

  • Norges Bank's largest Q2 2017 buy was Altaba Inc: 5,288,554 shares worth $288M.
  • Norges Bank added most to Du Pont De Nemours E I in Q2 2017, an estimated $334M increase.
  • Norges Bank's biggest Q2 2017 reduction was Blackrock, cutting an estimated $1.25B.
  • Norges Bank fully exited Yahoo Inc in Q2 2017, selling an estimated $318M.
  • Norges Bank's ten largest holdings make up 15% of its $252B portfolio in Q2 2017.
  • Norges Bank opened 77 new positions and closed 90 in Q2 2017.
  • Norges Bank's portfolio value rose 3.4% quarter-over-quarter to $252B.

Based on Norges Bank's 13F filing for Q2 2017, filed 2 Aug 2017.